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BARSIC [14]
3 years ago
6

The understatement of the ending inventory balance causes:

Business
1 answer:
Nina [5.8K]3 years ago
8 0

Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".

Explanation: The understatement of the ending inventory balance causes:  

<u>Cost of goods sold to be overstated and net income to be understated.</u>

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A local bank will pay you $275 at the end of each year for your lifetime if you deposit $4,400 in the bank today. If you plan to
Dima020 [189]

Answer:

Interest rate = 6..3%

Explanation:

<em>An investment that pays a fixed amount for life is called a perpetuity. The worth of a perpetuity today is the present value of the future cash flow. Using the present value of the perpetuity formula, we can work out the interest rate as follows:</em>

PV = A ×   1/r

<em>Where PV = present value, r- Interest rate , A- annual cash flow</em>

4,400 = 275×    1/r

cross multiply

4,400 ×  r= 275

divided both sides by 4,400

r = 275/4400

r= 0.0625  × 100

r= 6.25%

r= 6.3%

Interest rate = 6..3%

5 0
3 years ago
For each market listed below, determine whether it is best characterized as a Cournot oligopoly, Stackelberg oligopoly, or Bertr
gladu [14]

Answer:

a. Cournot oligopoly

b. Stackelber oligopoly

c. Bertrand oligopoly

Explanation:

a.

In Cournot's oligopoly model, companies will make similar decisions to their competitors, including the amount produced by each company. A perfect competition situation occurs, where there is no differentiation and the balance is not influenced by market supply and demand, but by the action similar to the competitor, companies estimate how much each competitor will produce and thus determine their level of production to increase. your profits.

b.

Stackelberg's model is based on imperfect competition, meaning there is no cooperation between companies, whichever is the most recognized with the highest brand value and the most capable of leading the market will be responsible for establishing the quantity produced, and so the others will observe the lead company's decision to decide their production quantity from there.

c.

Bertrand's model is also characterized as imperfect competition, where there is no cooperation and differentiation between products, in this model the strategic focus is on price rather than quantity. Consumer buying behavior will be influenced by the company that sets the lowest price, so equilibrium will occur when companies set the same price.

4 0
3 years ago
If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A
Nady [450]

Hey there!!

The correct answer is Option A. an Increase in supply

Hope this helped and I wish you the best in luck! (:

6 0
3 years ago
After meeting with your new client, you prepared his statement of financial position and pie charts. Which part of the financial
yuradex [85]

Answer:

Analyzing the client's personal and financial circumstances.

Explanation:

The Financial Planning process is the process involved in planning and formulating certain strategies for the client. The professionals' design plannings and strategies based on the financial situation of the client. They consider every aspect of the financial situation of the client. There is a total of six steps involved in the planning process. Analyzing and evaluating the financial status of the client comes under the third step.

8 0
3 years ago
When Heavenly Cookies prices its sugar cookies at $1.00, they sell 75 cookies. They lowered the price to $0.50 and sold 200 cook
Serga [27]

Answer: Total Revenue is $100 and the price elasticity is 0.4

Explanation: total revenue is computed as Price * Quantity

$0.5 * 200= $100

Elasticity is the degree of responsiveness of quantity demanded to a change in price.

Old price $1

New price $0.5

Old quantity 75

New quantity 200

Formula- % change in quantity demanded / % change in pride

NB change is (old-new)

Change in Qd= (75-200) / 75 =-1.67

Change in price=(1-0.5)/1=0.5

-1.67/0.5= -3.34

The negative is ignored in price elasticity and the answer is 3.34 which means the product is Elastic

4 0
3 years ago
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